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31.4%

33.5¢ syrah resources limited

They only dropped because they created more shares. They didn't...

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Tinek

22 Posts.

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01/04/24

09:08

Post #: 73133290
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Originally posted by randymac: ↑

They're also covering hard Sailor, shorts down 3.5% in just a week (from 17 to 13.5%), and that's 4 trading days delayed data.

Many are using this cap raising to cover and reduce their positions.

I personally think need to look through the short-term challenges and dreadful graphite price and market. It's all about the carving out of an ex-China supply chain, which after last year's export controls (and other market distorting behaviour) is now very much front and centre of Western Goverments' minds.

Watch the Offtake agreements continue to be signed, the DOE expansion funding come through, and an ex-China supply chain start to really take shape as full effects of the IRA come into force and wiser governments no longer leave themselves at the mercy of the CCP's whims and fair trade distorting practices.

There is simply no other upstream/downstream ex-china producer even close to Syrah's advanced position and capabilities.

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They only dropped because they created more shares. They didn't not cover 3.5% in a week... Its still at 110 million.
I may be incorrect....I would like to be incorrect.

Last edited by Tinek: 01/04/24

SYR Price at posting: 49.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 33.5¢		Change 0.080(31.4%)		Mkt cap ! $346.6M

Open	High	Low	Value	Volume
26.0¢	33.5¢	25.5¢	$4.085M	13.43M

Buyers (Bids)

No.	Vol.	Price($)
1	638382	33.5¢

Sellers (Offers)

Price($)	Vol.	No.
34.0¢	20	1

View Market Depth

No.	Vol.	Price($)
1	638382	0.335
9	185200	0.330
4	55615	0.320
2	85908	0.315
6	111398	0.310

Price($)	Vol.	No.
0.340	20	1
0.345	67500	3
0.350	109950	4
0.360	45000	3
0.370	47058	3

Last trade - 16.10pm 02/10/2024 (20 minute delay)

SYR (ASX) Chart